Kenorland Minerals Investors Sumitomo And Centerra Retain Their Stakes

MT newswire2026/10/02 20:58

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04:58 PM EDT, 10/02/2026 (MT Newswires) -- Kenorland Minerals (KLD.V) after trade Friday said that Sumitomo Metal Mining Canada and Centerra Gold (CG.TO, CGAU) completed their top-up rights to maintain their stakes in the company. Sumitomo will retain a 10.1% interest, while Centerra will maintain a 9.9% interest, according to the statement. Kenorland issued a total of 45,794 shares at CA$2.498 per share, raising CA$114,393.41. Of these, 23,126 shares went to Sumitomo and 22,668 shares went to Centerra, it said. "The common shares issued are subject to a statutory hold period in accordance with applicable securities legislation and the rules and policies of the TSXV expiring on Feb. 2, 2027," the company said. Kenorland shares closed up 11.4% at CA$2.34 on the TSX Venture Exchange.

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